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Apple’s India iPhone Exports Hit Record $2 Billion in November

Written by: Team Angel OneUpdated on: 17 Dec 2025, 5:22 pm IST
Apple exported iPhones worth $2 billion from India in November FY26, taking total shipments for April–November past $14 billion.
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Apple Inc recorded its highest ever monthly iPhone exports from India in November FY26, underscoring the rapid scale up of local manufacturing and export capabilities under the production linked incentive framework. 

Key Development 

In November alone, Apple shipped iPhones worth $2 billion from India, accounting for nearly 75% of the country’s total smartphone exports of $2.7 billion for the month. Samsung contributed about $432 million, while the remaining share came from Padget, part of Dixon Technologies, and other third-party exporters. 

With this performance, Apple’s cumulative iPhone exports from India for the first 8 months of FY26 have crossed $14 billion. Companies operating under the PLI scheme are required to submit monthly production and export data to the government, providing visibility into export momentum. 

Manufacturing Expansion and Export Trajectory 

Apple has expanded its manufacturing footprint in India in FY26 by adding two new iPhone factories, one each in Tamil Nadu and Karnataka.  

The company now produces iPhones across five plants in the country, of which 3 are operated by Tata and 2 by Foxconn. Until FY25, production was limited to 3 facilities. 

India currently ranks 3rd globally in smartphone exports, behind China and Vietnam, and second in overall mobile phone production. By FY26, the country is expected to overtake Vietnam to become the world’s second largest exporter of mobile phones. 

Read More: Apple Restructures Global Sales Operations, Cuts Roles Despite $140 Billion Revenue Outlook! 

Conclusion 

Apple’s record November shipments highlight India’s growing importance in global smartphone manufacturing, even as future export competitiveness will depend on cost structures and global trade dynamics. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Dec 17, 2025, 11:52 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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